On Friday, Grindr Inc (NYSE: GRND) was -3.35% drop from the session before settling in for the closing price of $17.32. A 52-week range for GRND has been $7.93 – $18.42.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Technology Sector giant was 22.30%. When this article was written, the company’s average yearly earnings per share was at 113.54%. With a float of $27.72 million, this company’s outstanding shares have now reached $176.19 million.
Let’s determine the extent of company efficiency that accounts for 112 employees. In terms of profitability, gross margin is 70.11%, operating margin of 28.11%, and the pretax margin is -11.71%.
Grindr Inc (GRND) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Grindr Inc stocks. The insider ownership of Grindr Inc is 84.30%, while institutional ownership is 12.33%. The most recent insider transaction that took place on May 14 ’24, was worth 76,024. Before that another transaction happened on May 13 ’24, when Company’s Director proposed sale 11,270 for $10.00, making the entire transaction worth $112,702.
Grindr Inc (GRND) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 113.54% per share during the next fiscal year.
Grindr Inc (NYSE: GRND) Trading Performance Indicators
You can see what Grindr Inc (GRND) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.27. Likewise, its price to free cash flow for the trailing twelve months is 37.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.30, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.44 in one year’s time.
Technical Analysis of Grindr Inc (GRND)
Looking closely at Grindr Inc (NYSE: GRND), its last 5-days average volume was 0.94 million, which is a jump from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 22.48%. Additionally, its Average True Range was 0.64.
During the past 100 days, Grindr Inc’s (GRND) raw stochastic average was set at 76.05%, which indicates a significant increase from 24.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.90% in the past 14 days, which was lower than the 35.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.70, while its 200-day Moving Average is $12.27. However, in the short run, Grindr Inc’s stock first resistance to watch stands at $17.26. Second resistance stands at $17.77. The third major resistance level sits at $18.28. If the price goes on to break the first support level at $16.24, it is likely to go to the next support level at $15.73. Now, if the price goes above the second support level, the third support stands at $15.22.
Grindr Inc (NYSE: GRND) Key Stats
There are 176,612K outstanding shares of the company, which has a market capitalization of 2.96 billion. As of now, sales total 259,690 K while income totals -55,770 K. Its latest quarter income was 89,330 K while its last quarter net income were 24,680 K.
